Analysis and forecasts for the EUR / USD pair on 27/04/15

Today there was a breakthrough summit in April, which resulted in the establishment of a high of 1.0928. If the dislocation of the wedge , which I pointed out in yesterday's analysis is not false, then we should see a withdrawal and then attack resistance zone , which is located between the 1,10-1,1034.

Tomorrow, we do not have too many details but will pay attention to data from the US, because on Wednesday we will keep a log of the Fed meeting.

Forecast for Tuesday:

The market starts to set up the information that will flow from the United States as early as next Wednesday. Please note that the latest data that we met were not optimistic and not conducive to the strengthening of the US dollar . Perhaps the answer will be announced Wednesday, in what direction will pair EUR / USD in the medium term. There is a high probability that the interest rate increases will be postponed. In this case, the dollar will remain weak. Note: all the time do not know how to finish negotiations with Greece, according to some information, the Greeks may go bankrupt in the next two weeks. It may be incurred increases on EUR / USD pair.

Looking at the chart purely technically, after breaking must reckon with the correction in around 1.0865 and then aim for the demand should be the last area that is 1.1034 resistance. Even going down the course in around 1.0820 will negate further increases. Critical support is at 1.0770. Variant growth is more likely.